Chile: wrong way

Last Wednesday night we could watch, for the last time, a restrictive debate between the two remaining candidates for next January 15th presidential election in Chile. It was, in fact, the debate between a president – Mr. Piñera – and a candidate – Mrs. Bachelet...

Corruption in Chile ? Of course, but of a different kind

Every time a new survey over corruption and transparency goes published, Chile is usually well placed, especially with respect to our Latin American neighbors. And every time this event happens, those that rejoice on the significance of it should be reminded about the...

Refco case: too soon to decide, too hurry to liquidate

Almost two weeks ago, a going concern; right now, a company under bankruptcy protection. It does not make sense, if looked at from the outside, when this whole process is being triggered from a presumably undisclosed debt owed to the company by its CEO. As a financial...